Price for Turbines; Steam and Other Vapour Turbines in Libya - 2022

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Libya (CIF) - 2022
  2. Imports of Turbines; Steam and Other Vapour Turbines in Libya

Price for Turbines; Steam and Other Vapour Turbines in Libya (CIF) - 2022

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $348 thousand per unit, with an increase of 109% against the previous year. Over the period under review, the import price saw a strong increase. The pace of growth appeared the most rapid in 2021 an increase of 643%. The import price peaked at $707 thousand per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1.1 million per unit), while the price for India ($344 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Turbines; Steam and Other Vapour Turbines in Libya

In 2022, the amount of turbines; steam and other vapour turbineses imported into Libya skyrocketed to 18 units, rising by 38% on the previous year. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; steam and other vapour turbineses skyrocketed to $6.3M in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 643% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Turbines; Steam and Other Vapour Turbines in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,4477.25425,48855.9%
Japan26243.41803348.4%
Italy12170.523019817.8%
Germany5.163.488467.1136.1%
United Arab Emirates39.319.959.360.815.7%
France32.47.728.132.80.4%
Netherlands12667.720931.2-37.2%
Sweden9.14.915.917.624.6%
Switzerland2.30.91.716.592.9%
United States9.54.110.48.6-3.3%
Tunisia11.00.71.61.2-52.2%
Turkey1.00.20.60.6-15.7%
India1.90.60.90.3-46.0%
Others7.8N/AN/AN/A0%
Total2,0762912,1636,25744.4%

Top Suppliers of Turbines; Steam and Other Vapour Turbines to Libya in 2022:

  1. United Kingdom (5.0 units)
  2. Switzerland (2.0 units)
  3. Turkey (1.0 units)
  4. United States (1.0 units)
  5. Netherlands (1.0 units)
  6. Italy (1.0 units)
  7. Tunisia (1.0 units)
  8. United Arab Emirates (1.0 units)
  9. India (1.0 units)
  10. France (1.0 units)
  11. Sweden (1.0 units)
  12. Germany (1.0 units)
  13. Japan (1.0 units)

Source: IndexBox Market Intelligence Platform

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